Ruben Vardanyan Finances $100 Million International School in Armenia

DILIJAN – The construction of an international school worth $100 Million was started in the Armenian resort town of Dilijan, its mayor, Armen Santrosian, told a news conference.

The International School Dilijan is a charitable private project without government funding.

“The project is financed by a Moscow based Armenian businessman, Ruben Vardanyan, head of Troika Dialog investment company,” the mayor said.

According to him, the authorities have already granted all the necessary licenses. Santrosyan also said that the project includes construction of a school campus for about 550 children from different countries.

On December 22, 2010 Armenia’s National Assembly adopted a government bill allowing the existence of a limited number of foreign-language schools in Armenia. the law stipulates that up to nine small foreign-language high schools can be opened elsewhere in Armenian in accordance with inter-government agreements signed on a case by case basis. It also allows the existence of two fully private foreign language schools.

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